Plexus Corp. (PLXS) vs Sanmina Corporation (SANM)

Plexus Corp. and Sanmina Corporation are both Electronic Components companies. Sanmina Corporation is the larger, with a market value of $12.0B against $7.0B — 1.7× the size. Plexus Corp. trades at the lower P/E: 38.0× against 39.4×. Sanmina Corporation grew revenue faster over the last twelve months: 58.6% against 14.2%. Plexus Corp. has the higher net margin (4.03% vs 2.41%) and the lower return on invested capital (9.68% vs 10.7%). Across the 22 metrics below, Plexus Corp. leads on 11 and Sanmina Corporation on 11.

Valuation

Metric PLXS SANM Electronic Components median
P/E 38.02 39.43 39.06
P/S 1.53 0.95 3.22
P/B 4.60 4.77 3.30
Price to free cash flow 113.59 20.21 26.65
EV/EBITDA 22.74 16.72 19.69
EV/Sales 1.52 0.97 3.53
Earnings yield 2.63% 2.54% 1.34%
Free cash flow yield 0.88% 4.95% 0.40%

Profitability

Metric PLXS SANM Electronic Components median
Gross margin 10.04% 9.01% 33.21%
Operating margin 5.02% 4.15% 3.53%
Net margin 4.03% 2.41% 2.57%
Free cash flow margin 1.35% 4.69% 0.20%
Return on equity 12.58% 0.00% 2.60%
Return on assets 5.50% 4.12% 2.50%
Return on invested capital 9.68% 10.74% 2.28%

Growth

Metric PLXS SANM Electronic Components median
Revenue growth (TTM) 14.20% 58.56% 12.01%
EPS growth (last fiscal year) 56.11% 14.07% —
Revenue growth, 5-year CAGR 3.53% 3.18% 7.19%
Net income growth, 5-year CAGR 8.03% 13.05% 0.00%

Health

Metric PLXS SANM Electronic Components median
Debt to equity 0.18 0.79 0.16
Current ratio 1.49 1.78 2.41
Net debt to EBITDA (0.60) (1.32) 0.32

Dividend

Metric PLXS SANM Electronic Components median
Dividend yield — — 1.18%
Payout ratio 0.00 0.00 0.00

Size

Metric PLXS SANM Electronic Components median
Market cap 6.97b 11.96b 780.25m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack